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Open
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Close
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Allotment
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Listing
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Issue Size
36,72,000 shares (agg. up to ₹[.] Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 36.13 | 33.60 | 25.88 | 20.28 |
| Total Income | 7.19 | 24.90 | 21.49 | 18.69 |
| Profit After Tax | 0.91 | 4.00 | 2.09 | 0.06 |
| EBITDA | 2.20 | 8.48 | 5.31 | 2.60 |
| NET Worth | 19.43 | 15.25 | 5.56 | 1.85 |
| Reserves and Surplus | 8.43 | 14.37 | 4.71 | 1.80 |
| Total Borrowing | 12.37 | 12.57 | 16.53 | 16.74 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Suba Hotels Ltd. | SME | ₹75.47 Cr | ₹111 | 12.78 | ₹161.90 | +45.86% | ₹109.10 (-0.86%) |
| Brigade Hotel Ventures Ltd. | Mainboard | ₹759.60 Cr | ₹90 | 112.38 | ₹85.32 | -5.20% | ₹60.60 (-3.08%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure requirements towards upgradation, refurbishment, expansion and renovation of hotel properties | 15.98 |
| 2 | Investment in the form of loan to subsidiary for construction of hotel premises | 15.00 |
| 3 | General Corporate Purpose |
About Larisa Hotels & Resorts IPO
Larisa Hotels & Resorts operates in the hospitality sector, managing and operating hotels through lease, management, and revenue-sharing models. The company provides end-to-end hospitality solutions, ensuring high service standards, guest satisfaction, and efficient revenue management. Its offerings include resorts, villas, cottages, and premium restaurants and bars, with a focus on luxury and sustainability. In November 2024, the company acquired 22 managed properties along with the AM Hotel Kollection brand, strengthening its portfolio. Its hotel keys have grown from 11 in 2019 to 715 keys across 25 operational properties in 9 states as of the DRHP. Its brand name includes—LaRiSa, AM Hotel Kollection, and 8fold by LaRiSa—cater to different guest preferences across mountain, beach, nature, heritage, and urban locations. This mix of brands and business models supports capital-efficient growth. The company also have a pipeline of 10 upcoming properties with 291 keys. These include hotels in Lucknow, Kanha National Park, and Nubra Valley. The company operate hotels under four models: leasehold, revenue share, managed properties, and sales & marketing. Competitive Strengths Asset Ligh
Contact Details
Larisa Hotels & Resorts Ltd. AddressUnit No 402, 4th Floor, Merlin Matrix,Street No 10, DN Block, Sector-5, Biddhan nagar,CK Market, SaltlakeDist.North 24 Parganas, West Bengal, 700091+91- 9999240590cs@larisaresort.comVisit Website